O'Reilly logo

Handbook of Financial Intermediation and Banking by Arnoud Boot, Anjan V. Thakor

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Introduction to Design of Contracts and Securities

Overview by Franklin Allen

University of Pennsylvania

1. The Design of Debt Contracts 5

Paolo Fulghieri (UNC) and Eitan Goldman (UNC)

2. Subordination Levels in Structured Financing 41

Xudong An (SDSU), Yongheng Deng (USC), and Anthony B. Sanders (ASU)

Financial intermediaries use contracts with their customers and sell securities in financial markets. The design of the contracts they use and the securities they issue is thus of fundamental importance. The first chapter in this section, Chapter 1, by Paolo Fulghieri and Eitan Goldman, considers the design of debt contracts. The second chapter, Chapter 2, by Xudong An, Yongheng Deng, and Anthony B. Sanders, is concerned with the design ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required